Thai auto production down 67%, hits record low in 10 years
Thailands auto production in October 2011 hit a record low of 49,439 units for the past 112 months as a result of continuing mega floods, according to Surapong Paisitpatnapong, spokesman of the Automotive Industry Club of the Federation of Thai Industries FTI.
Japanese automakers optimistic about production in China
Japanese automakers are optimistic about production in China saying that there has been “almost no effect” on the supply of parts following the earthquake in their home country, thanks to a gradual resumption of output in Japan. “Our inventory of Japanese-made auto parts can support local production until at least mid-April,” said Shen Li, a spokeswoman for Nissan China. “However, we have withdrawn extra working shifts on holidays and at weekends to ease the pressure on supply and to mai …
Thailand’s auto industry unphazed by Japan Disaster
Thailand’s auto industry will continue growing higher than previously expected this year although Japan, which is the major manufacturer and distributor of auto parts, has taken a huge toll from the recent earthquake, according to a top Thai industry executive.